Weekly project roundup: Worldcoin sells WLD at a 36% discount, Movement files for bankruptcy
This week’s project developments span token sales, shutdowns, hacks, protocol upgrades, and new product launches across crypto and adjacent sectors. Robinhood Chain reached $700 million in onchain assets three weeks after launch, with $430 million in stablecoins and about $500 million in TVL. Worldcoin Foundation sold 217.4 million WLD to institutions including Pantera Capital for about $52.5 million, implying a price near $0.24 per token, roughly 36% below the current market price, with a one-year lock-up. Movement has filed for bankruptcy after its onchain apps generated less than $800 in daily revenue for an extended period since last November, while daily chain fees stayed in the single digits and were just $1 over the past 24 hours. In another major incident, Wanchain’s Cardano bridge was hit by a suspected exploit that moved roughly 515 million NIGHT, valued at about $9 million, out of the bridge vault. Elsewhere, Stripe is in advanced talks to acquire OpenRouter at a valuation that could reach $10 billion. Odos said it will shut down operations and permanently close all services on July 30. Uniswap introduced a v4 Hook standard for permissioned pools, LayerZero partnered with Keeta on tokenized bank-deposit transfers, PumpFun’s developer posted a growth leadership role with a base salary of up to $1 million, and Jito launched the self-custodial Solana trading platform JTX.








